Abeona Ebitda vs Net Income Analysis

ABEO Stock

USD 5.98 0.19 3.28%

Abeona Therapeutics financial indicator trend analysis is way more than just evaluating Abeona Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Abeona Therapeutics is a good investment. Please check the relationship between Abeona Therapeutics Ebitda and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abeona Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

To learn how to invest in Abeona Stock, please use our How to Invest in Abeona Therapeutics guide.

Ebitda vs Net Income

Ebitda vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Abeona Therapeutics Ebitda account and Net Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Abeona Therapeutics' Ebitda and Net Income is 0.97. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Net Income in the same time period over historical financial statements of Abeona Therapeutics, assuming nothing else is changed. The correlation between historical values of Abeona Therapeutics' Ebitda and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Abeona Therapeutics are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Ebitda i.e., Abeona Therapeutics' Ebitda and Net Income go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Ebitda

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Abeona Therapeutics financial statement analysis. It represents the amount of money remaining after all of Abeona Therapeutics operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Abeona Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Abeona Therapeutics current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abeona Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

To learn how to invest in Abeona Stock, please use our How to Invest in Abeona Therapeutics guide.At this time, Abeona Therapeutics' Issuance Of Capital Stock is very stable compared to the past year. As of the 23rd of November 2024, Sales General And Administrative To Revenue is likely to grow to 10.49, while Selling General Administrative is likely to drop about 18.1 M.

Abeona Therapeutics fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Property Plant And Equipment Gross	Short Term Debt	Intangible Assets
Total Assets		0.68	0.58	0.65	0.98	-0.66	-0.31	0.7	0.76	0.97	-0.19	0.34	-0.03	-0.1	-0.4	0.54	0.43	0.39	0.97	0.48	0.57	0.93	0.66	0.42	0.06	0.7
Short Long Term Debt Total	0.68		-0.03	0.12	0.73	-0.48	-0.1	0.62	0.56	0.69	-0.14	0.05	-0.06	-0.08	-0.31	0.28	0.3	0.03	0.69	0.17	0.08	0.59	0.04	0.01	-0.08	0.47
Other Current Liab	0.58	-0.03		0.95	0.47	-0.27	-0.33	0.46	0.31	0.54	-0.08	0.46	0.04	-0.14	-0.23	0.49	0.16	0.58	0.55	0.56	0.72	0.56	0.95	0.6	0.15	0.31
Total Current Liabilities	0.65	0.12	0.95		0.53	-0.16	-0.4	0.68	0.24	0.58	-0.03	0.48	0.04	-0.04	-0.23	0.62	0.12	0.69	0.59	0.61	0.8	0.67	0.88	0.65	0.4	0.47
Total Stockholder Equity	0.98	0.73	0.47	0.53		-0.75	-0.17	0.63	0.83	0.96	-0.25	0.22	-0.13	-0.22	-0.49	0.47	0.44	0.22	0.95	0.44	0.45	0.9	0.59	0.28	-0.08	0.67
Net Debt	-0.66	-0.48	-0.27	-0.16	-0.75		-0.01	-0.11	-0.99	-0.74	0.19	-0.03	0.16	0.36	0.36	-0.13	-0.25	0.14	-0.73	-0.22	-0.14	-0.48	-0.43	-0.03	0.6	-0.27
Retained Earnings	-0.31	-0.1	-0.33	-0.4	-0.17	-0.01		-0.4	-0.06	-0.35	-0.64	-0.92	-0.77	-0.76	-0.48	-0.47	-0.32	-0.84	-0.37	-0.36	-0.69	-0.14	-0.36	-0.86	-0.3	-0.01
Accounts Payable	0.7	0.62	0.46	0.68	0.63	-0.11	-0.4		0.25	0.6	0.1	0.35	0.0	0.05	-0.32	0.72	0.18	0.53	0.62	0.61	0.64	0.74	0.42	0.49	0.51	0.63
Cash	0.76	0.56	0.31	0.24	0.83	-0.99	-0.06	0.25		0.82	-0.18	0.1	-0.12	-0.3	-0.38	0.22	0.3	-0.04	0.81	0.28	0.23	0.6	0.46	0.12	-0.47	0.4
Cash And Short Term Investments	0.97	0.69	0.54	0.58	0.96	-0.74	-0.35	0.6	0.82		-0.16	0.38	0.03	-0.09	-0.31	0.49	0.43	0.35	1.0	0.42	0.52	0.81	0.66	0.4	-0.08	0.54
Net Receivables	-0.19	-0.14	-0.08	-0.03	-0.25	0.19	-0.64	0.1	-0.18	-0.16		0.63	0.72	0.61	0.46	0.37	0.03	0.43	-0.12	0.37	0.35	-0.3	-0.07	0.63	0.19	-0.28
Common Stock Total Equity	0.34	0.05	0.46	0.48	0.22	-0.03	-0.92	0.35	0.1	0.38	0.63		0.78	0.66	0.47	0.5	0.41	0.83	0.41	0.46	0.76	0.17	0.5	0.94	0.25	0.01
Common Stock Shares Outstanding	-0.03	-0.06	0.04	0.04	-0.13	0.16	-0.77	0.0	-0.12	0.03	0.72	0.78		0.88	0.73	0.01	0.25	0.68	0.04	-0.05	0.25	-0.19	0.11	0.67	0.13	-0.17
Non Current Liabilities Total	-0.1	-0.08	-0.14	-0.04	-0.22	0.36	-0.76	0.05	-0.3	-0.09	0.61	0.66	0.88		0.81	-0.05	0.09	0.7	-0.08	-0.2	0.21	-0.17	-0.11	0.56	0.42	-0.03
Inventory	-0.4	-0.31	-0.23	-0.23	-0.49	0.36	-0.48	-0.32	-0.38	-0.31	0.46	0.47	0.73	0.81		-0.33	-0.24	0.43	-0.31	-0.41	-0.04	-0.51	-0.19	0.29	0.21	-0.36
Other Current Assets	0.54	0.28	0.49	0.62	0.47	-0.13	-0.47	0.72	0.22	0.49	0.37	0.5	0.01	-0.05	-0.33		0.26	0.41	0.54	0.94	0.82	0.48	0.47	0.63	0.38	0.24
Other Stockholder Equity	0.43	0.3	0.16	0.12	0.44	-0.25	-0.32	0.18	0.3	0.43	0.03	0.41	0.25	0.09	-0.24	0.26		0.16	0.44	0.26	0.33	0.36	0.22	0.36	-0.2	0.22
Total Liab	0.39	0.03	0.58	0.69	0.22	0.14	-0.84	0.53	-0.04	0.35	0.43	0.83	0.68	0.7	0.43	0.41	0.16		0.36	0.3	0.72	0.35	0.56	0.88	0.58	0.31
Total Current Assets	0.97	0.69	0.55	0.59	0.95	-0.73	-0.37	0.62	0.81	1.0	-0.12	0.41	0.04	-0.08	-0.31	0.54	0.44	0.36		0.46	0.55	0.81	0.66	0.43	-0.06	0.54
Common Stock	0.48	0.17	0.56	0.61	0.44	-0.22	-0.36	0.61	0.28	0.42	0.37	0.46	-0.05	-0.2	-0.41	0.94	0.26	0.3	0.46		0.81	0.44	0.53	0.61	0.19	0.17
Property Plant And Equipment Net	0.57	0.08	0.72	0.8	0.45	-0.14	-0.69	0.64	0.23	0.52	0.35	0.76	0.25	0.21	-0.04	0.82	0.33	0.72	0.55	0.81		0.53	0.69	0.88	0.43	0.35
Non Current Assets Total	0.93	0.59	0.56	0.67	0.9	-0.48	-0.14	0.74	0.6	0.81	-0.3	0.17	-0.19	-0.17	-0.51	0.48	0.36	0.35	0.81	0.44	0.53		0.58	0.32	0.23	0.86
Non Currrent Assets Other	0.66	0.04	0.95	0.88	0.59	-0.43	-0.36	0.42	0.46	0.66	-0.07	0.5	0.11	-0.11	-0.19	0.47	0.22	0.56	0.66	0.53	0.69	0.58		0.6	0.04	0.29
Property Plant And Equipment Gross	0.42	0.01	0.6	0.65	0.28	-0.03	-0.86	0.49	0.12	0.4	0.63	0.94	0.67	0.56	0.29	0.63	0.36	0.88	0.43	0.61	0.88	0.32	0.6		0.39	0.21
Short Term Debt	0.06	-0.08	0.15	0.4	-0.08	0.6	-0.3	0.51	-0.47	-0.08	0.19	0.25	0.13	0.42	0.21	0.38	-0.2	0.58	-0.06	0.19	0.43	0.23	0.04	0.39		0.43
Intangible Assets	0.7	0.47	0.31	0.47	0.67	-0.27	-0.01	0.63	0.4	0.54	-0.28	0.01	-0.17	-0.03	-0.36	0.24	0.22	0.31	0.54	0.17	0.35	0.86	0.29	0.21	0.43

Click cells to compare fundamentals

Abeona Therapeutics Account Relationship Matchups

Abeona Therapeutics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	223.4M	151.2M	79.6M	64.2M	64.0M	49.3M
Short Long Term Debt Total	8.0M	8.7M	9.4M	7.6M	5.4M	7.9M
Other Current Liab	32.9M	33.2M	8.4M	2.4M	9.6M	5.1M
Total Current Liabilities	38.7M	42.0M	16.6M	7.8M	13.4M	9.8M
Total Stockholder Equity	178.4M	102.6M	51.4M	26.8M	14.8M	28.6M
Net Debt	(121.3M)	(3.9M)	(23.6M)	(6.6M)	(9.1M)	(9.5M)
Retained Earnings	(486.5M)	(570.7M)	(655.6M)	(695.3M)	(749.5M)	(712.0M)
Accounts Payable	3.8M	4.7M	4.3M	1.8M	1.9M	2.5M
Cash	129.3M	12.6M	32.9M	14.2M	14.5M	19.9M
Cash And Short Term Investments	129.3M	95.0M	45.0M	52.1M	52.2M	30.8M
Common Stock Total Equity	469K	479K	836K	961K	1.1M	1.2M
Common Stock Shares Outstanding	2.0M	3.7M	3.9M	7.9M	21.4M	22.4M
Liabilities And Stockholders Equity	223.4M	151.2M	79.6M	64.2M	64.0M	49.3M
Non Current Liabilities Total	6.3M	6.7M	11.6M	29.7M	35.8M	37.5M
Other Current Assets	3.1M	5.4M	8.3M	762K	1.1M	1.2M
Other Stockholder Equity	664.1M	672.3M	705.6M	722.0M	764.2M	802.4M
Total Liab	45.0M	48.6M	28.2M	37.5M	49.2M	51.6M
Total Current Assets	132.4M	97.7M	56.3M	53.1M	55.7M	32.7M
Common Stock	836K	961K	1.5M	177K	265K	417.6K
Property Plant And Equipment Net	21.2M	18.4M	21.7M	11.1M	8.0M	8.4M
Non Current Assets Total	91.0M	53.5M	23.3M	11.1M	8.3M	7.9M
Non Currrent Assets Other	1.1M	1.1M	168K	43K	277K	319.9K
Property Plant And Equipment Gross	21.2M	18.4M	21.7M	11.1M	21.0M	22.0M
Short Term Debt	1.7M	3.8M	3.6M	3.5M	2.0M	2.5M
Intangible Assets	43.0M	36.2M	1.5M	1.4M	1.6M	1.5M
Other Assets	1.1M	1.1M	1.1M	43K	38.7K	36.8K
Property Plant Equipment	13.2M	18.4M	21.7M	11.1M	12.7M	13.4M
Other Liab	3.1M	20M	4.0M	23.8M	27.4M	28.8M
Retained Earnings Total Equity	(359.8M)	(410.2M)	(486.5M)	(570.7M)	(513.6M)	(488.0M)
Net Tangible Assets	178.4M	68.6M	50.0M	26.8M	30.8M	29.2M
Capital Surpluse	529.4M	543.8M	664.1M	672.3M	773.1M	518.5M

Pair Trading with Abeona Therapeutics

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Abeona Therapeutics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Abeona Therapeutics will appreciate offsetting losses from the drop in the long position's value.

Moving against Abeona Stock

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0.57	NKTX	Nkarta Inc	Pair Corr
0.55	CYRX	Cryoport	Pair Corr
0.55	KEP	Korea Electric Power	Pair Corr
0.54	VALN	Valneva SE ADR	Pair Corr

The ability to find closely correlated positions to Abeona Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Abeona Therapeutics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Abeona Therapeutics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Abeona Therapeutics to buy it.

The correlation of Abeona Therapeutics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Abeona Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Abeona Therapeutics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Abeona Therapeutics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Abeona Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Abeona Therapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Abeona Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Abeona Therapeutics Stock:

How To Invest In Abeona

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Is Abeona Stock a good investment?

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What is Abeona Therapeutics' Net Worth?

Details

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abeona Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

To learn how to invest in Abeona Stock, please use our How to Invest in Abeona Therapeutics guide.

You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Abeona Therapeutics. If investors know Abeona will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Abeona Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(2.05)

Quarterly Revenue Growth

(1.00)

Return On Assets

(0.38)

Return On Equity

(1.27)

The market value of Abeona Therapeutics is measured differently than its book value, which is the value of Abeona that is recorded on the company's balance sheet. Investors also form their own opinion of Abeona Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Abeona Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Abeona Therapeutics' market value can be influenced by many factors that don't directly affect Abeona Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Abeona Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Abeona Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abeona Therapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Abeona Ebitda vs Net Income Analysis

Ebitda vs Net Income

Ebitda vs Net Income Correlation Analysis

Correlation Coefficient

Ebitda

Net Income

Abeona Therapeutics fundamental ratios Correlations

Abeona Therapeutics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Abeona Therapeutics fundamental ratios Accounts

Pair Trading with Abeona Therapeutics

Moving against Abeona Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Cash And Short Term Investments
Total Stockholder Equity	+ 0.98	Total Assets
Cash And Short Term Investments	+ 0.97	Total Assets
Total Current Assets	+ 0.97	Total Assets
Cash And Short Term Investments	+ 0.96	Total Stockholder Equity
Total Current Liabilities	+ 0.95	Other Current Liab

Cash	- 0.99	Net Debt
Common Stock Total Equity	- 0.92	Retained Earnings
Property Plant And Equipment Gross	- 0.86	Retained Earnings
Total Liab	- 0.84	Retained Earnings
Common Stock Shares Outstanding	- 0.77	Retained Earnings
Non Current Liabilities Total	- 0.76	Retained Earnings